a. Write the cost function:: C(x) = 100x + 100,000 where x is number of guitars
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b. Write the revenue function:: R(x) = 300x where x is number of guitars
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c. Find the profit function.
Profit = Revenue - Cost
P(x) = R(x) - C(x)
P(x) = [ R(x) ] - [ C(x) ]
P(x) = [ 300x ] - [ 100x+100,000 ]
P(x) = 300x - 100x-100,000
P(x) = 200x - 100,000
The break even point is when the profit is 0 dollars. You don't lose any money. And you don't gain any money.
Solve 125x - 100,000 = 0
125x = 100,000
x = 800 (# of guitars made and sold)
3/4 can be sliced from three pieces
Answer:
The answer is: 4y(2x+y)
Step-by-step explanation:
Answer:
Z scores between -0.995 and 0.995 bound the middle 68% of the area under the stanrard normal curve
Step-by-step explanation:
Normal Probability Distribution:
Problems of normal distributions can be solved using the z-score formula.
In a set with mean
and standard deviation
, the z-score of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.
Middle 68%
Between the 50 - (68/2) = 16th percentile and the 50 + (68/2) = 84th percentile.
16th percentile:
X when Z has a pvalue of 0.16. So X when Z = -0.995
84th percentile:
X when Z has a pvalue of 0.84. So X when Z = 0.995.
Z scores between -0.995 and 0.995 bound the middle 68% of the area under the stanrard normal curve